Online Access Free 1z1-495 Practice Test

You have created a Compensation Plan and configured the plan details. However, when you try to runthe "Start Compensation Cycle" process, you are not able to see the plan you created in the ilk that appear.
Which three options could be possible reasons for this?

• A.The Compensation Administrator or equivalent role is not attached to your plan.
• B.Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.
• C.Restrict Plan access is set to "YFS" and the Compensation Administrator role is added to the list of roles in "Plan access from Compensation work area."
• D.Access to the Compensation Administrator role is restricted in Plan Access.
• E.Your user role does not have access to view the plan.

After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation. The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise.
What is the correct way of achieving this?

• A.Advise Supervisor 1 not to allocate any compensation for the employee. In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee's amount.
• B.Use the Edit button in the Employee's included area while creating a model to exclude the employee.
• C.Use the Include check box next to the employee's name in the Budget worksheet to exclude the employee from the cycle.
• D.Modify the eligibility profile by using a formula to exclude the employee from appearing under Supervisor 1. After the compensation cycle is completed, revert the eligibility profile to its original form, if needed.

While configuring the Budget page, you are setting the properties of the job column.
Which two sections are available in the properties for the job column?

• A.General
• B.Default Value
• C.Legal Employee
• D.Information

A corporation is implementing Oracle Fusion Compensation Management and needs to set up Compensation history.
Identify the three correct options regarding the various compensations shown in the history.

• A.Compensation history automatically retrieves salary and stock-related information. The Recurring payments and other categories have to be added manually.
• B.Compensation history shows one-time payments in other compensation and allowances paid regularly in recurring payments.
• C.The summary in the compensation history shows the data for only five years.
• D.Compensation history displays six categories of compensation.

As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?

• A.Before deleting the item, you must configure a zero value behavior for the item.
• B.More than one administrator might be using the item and, therefore, it cannot be deleted.
• C.The above scenario does not stand true as the item can be deleted.
• D.The item cannot be deleted, because it is attached to a category.